212/60 College Street, Belconnen ACT 2617

East-facing balcony | 7% gross rental yield | 0.5km to college | Pool & gym building amenities This one-bedroom unit presents a competitively strong investment case based on its high yield and low-maintenance appeal. The estimated 7% gross rental yield is a standout figure for a modern unit, driven by its move-in ready condition and building amenities like a pool and gym. It serves the investor seeking reliable cash flow or the first-time buyer entering a convenient location near educational facilities. The east-facing aspect and fibre internet are supporting value-adds for liveability. The decision hinges on managing the specific cost mechanisms of strata and levies, which total over $1,570 per quarter before rates. This significantly impacts net returns and requires due diligence into the body corporate’s financial health and the cladding levy’s duration. The commercial logic is clear: secure a high-yielding unit for hold, targeting the student or professional rental market. Proceed conditional on verifying strata finances; our property report can provide the real market valuation and essential checks on locality risks and strata health to secure this position.